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The question

Is it permissible to buy a commodity and resell it at a higher price, and is it necessary to inform the buyer of the first purchase price?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

There is no harm in selling an item for more than its purchase price, as this is the basis of trade. The seller is not obligated to inform the buyer of the purchase price. What is incumbent upon him is to be truthful, not to lie, not to deceive, and not to betray. There are indeed that prohibit false oaths to promote goods.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
32352
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy